Publishers agree on ebook price-fixing lawsuit settlement pay

After being sued over alleged ebook price fixing earlier this year, three publishers instantly settled, avoiding a trial.

Those publishers; Hachette, HarperCollins, and Simon & Schuster, have now agreed on a payout, agreeing to pay $69 million to American consumers.

If approved by a federal judge, the settlement will then go into effect 30 days later. Any customer who purchased an agency-priced ebook between April 2010 and May 21st, 2012 are eligible for part of the settlement.

The payout is dependent on the State you are in, and Minnesota is the only state to not be involved.